iPipeline reports 31% increase in new business protection applications

clock • 2 min read

iPipeline has reported a 31% increase in the number of completed new business protection applications in H1 2017, based on provider supplied data, as compared to H1 2016.

  The number of unique clients receiving quotes increased by 23% while comparison requests increasing by 34%. iPipeline's SolutionBuilder, the research, quote and application solution for advisers, said in Q2 2017 it received the highest number of users per quarter since the company began. The latest results for August 2017 showed that iPipeline's new business increased by 39% compared to August 2016. iPipeline said that "income Protection continues to perform robustly and Level Term activity grew strongly in Q2 2017". Across all protection products, premiums averaged £45 per...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Consumer Duty remains the biggest opportunity to expand protection

Consumer Duty remains the biggest opportunity to expand protection

"It is very easy to get bogged down in the regulatory requirements"

Andrew Gething
clock 18 November 2024 • 4 min read
NHS waiting list records drop in September

NHS waiting list records drop in September

A&E under strain

Jaskeet Briah
clock 15 November 2024 • 2 min read
COVER Protection and Health Summit 2024: In pictures

COVER Protection and Health Summit 2024: In pictures

Event on 07 November

COVER
clock 13 November 2024 • 1 min read